Crown Castle Inc. Stock Falls Monday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Crown Castle Inc. (CCI) shed 2.60% to $137.52 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. The stock's fall snapped a two-day winning streak. Crown Castle Inc. closed $72.35 short of its 52-week high ($209.87), which the company reached on December 31st.
The stock underperformed when compared to some of its competitors Monday, as Verizon Communications Inc. (VZ) fell 2.00% to $38.24, AT&T Inc. (T) fell 1.57% to $18.82, and T-Mobile US Inc. (TMUS) fell 0.76% to $149.90. Trading volume (2.5 M) remained 10,611 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 16:46 ET (21:46 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.